UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


FORM 12b-25


NOTIFICATION OF LATE FILING



(Check one):  [X] Form 10-K   [  ] Form 20-F   [  ] Form 11-K   [  ] Form 10-Q   [  ] Form 10-D

                       [  ] Form N-SAR   [  ] N-CSR


For Period Ended:  July 31, 2018


[  ]

Transition Report on Form 10-K

[  ]

Transition Report on Form 20-F

[  ]

Transition Report on Form 11-K

[  ]

Transition Report on Form 10-Q

[  ]

Transition Report on Form N-SAR

For the Transition Period Ended:


Read Instruction (on back page) Before Preparing Form.  Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.



If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:


PART I — REGISTRANT INFORMATION


Rise Gold Corp.

Full Name of Registrant



Former Name if Applicable


Suite 650, 669 Howe Street

Address of Principal Executive Office (Street and Number)


Vancouver, British Columbia V6C 0B4

City, State and Zip Code


PART II — RULES 12b-25(b) AND (c)


If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.  (Check box if appropriate)


 

(a)

The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;







þ

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

(c)

The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.


PART III — NARRATIVE


State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period:


The Registrant is unable to complete its annual report on Form 10-K for the period ended July 31, 2018 within the prescribed time period because the EDGAR and XBRL conversion process has taken longer than expected; therefore, we expect the filing to be submitted on the due date but after the filing deadline.


PART IV — OTHER INFORMATION


1.

Name and telephone number of person to contact in regard to this notification:


Vince Boon

(778)

725-1484

(Name)

(Area Code)

(Telephone Number)


2.

Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?  If answer is no, identify report(s).

[X] Yes               [  ] No


3.

Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

[X] Yes               [  ] No


If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.


Our operating results for the years ended July 31, 2018 and 2017 are summarized as follows:

 

 

For the year ended July 31, 2018

 

For the year ended July 31, 2017

Bad debt expenses

$

-

$

-

Consulting

 

78,500

 

505,842

Depreciation

 

2,306

 

-

Directors fees

 

99,571

 

17,288

Filing and regulatory

 

87,395

 

53,661

Foreign exchange

 

(14,749)

 

6,931

Gain on settlement of payables

 

(37,068)

 

(12,355)

General and administrative

 

287,052

 

152,920

Mineral exploration

 

2,057,877

 

375,980

Interest expense

 

2,602

 

-

Professional fees

 

562,694

 

273,738







Promotion and shareholder communication

 

443,696

 

983,851

Property investigation costs

 

-

 

55,253

Salaries

 

350,627

 

104,751

Share-based payments

 

673,360

 

1,010,064

Settlement payment

 

-

 

100,000

Write-off of mineral properties

 

-

 

563,031

Net loss

 

4,593,863

 

4,190,955

 

Our operating expenses increased during the year ended July 31, 2018 compared to the prior year primarily as a result of increased costs as a result of increased activities by our company. These include salaries, filing and regulatory, general and administrative, professional fees, driven by the need for expenses related to planning and researching our mineral properties, and activity involved in raising funds in the recent private placements.

 

As a result of the increased activity, significant expenses during the year ended July 31, 2018 include:

·           Increase in mineral exploration costs to $2,057,877 (2017 - $375,980) related to exploration work on the I-M Mine Property during the year;

·           Decrease in share-based payments to $673,360 (2017 - $1,010,064) for the grant of options pursuant to our stock option plan to incentivize management and certain consultants;

·           Increase in professional fees to $562,694 (2017 - $273,738) related to various legal and regulatory items pertaining to operating in Canada and the United States; and

·           Decrease in promotion and shareholder communication to $443,696 (2017 - $983,851) as there were fewer activities compared to the previous year.

·           No write-off on mineral properties for the year ended 2018 (2017 - $563,031).


_____________________________________________________________________________________


Rise Gold Corp.

(Name of Registrant as Specified in Charter)


has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.



Date:

October 29, 2018

By:

/s/ Vince Boon

Vince Boon

Chief Financial Officer


INSTRUCTION:  The form may be signed by an executive officer of the registrant or by any other duly authorized representative.  The name and title of the person signing the form shall be typed or printed beneath the signature.  If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.


ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).





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